Statutes > New Mexico Statutes > Chapter 10 - Public Officers and Employees. > Article 12C - Magistrate Retirement, 10-12C-1 through 10-12C-18. > Section 10-12C-14 - Cost-of-living adjustment.

Section 10-12C-14 - Cost-of-living adjustment.

10-12C-14. Cost-of-living adjustment.

A yearly cost-of-living adjustment shall be made to each pension payable pursuant to the provisions of the Magistrate Retirement Act [10-12C-1 NMSA 1978] as provided in the Public Employees Retirement Act [Chapter 10, Article 11 NMSA 1978].